BAND - Kaleyra: Margin Expansion First Multiple Expansion Later
- Kaleyra reported fantastic Q2 earnings this Monday, with organic sales rising 40% and margins rising by 30%.
- The company continues to be dirt cheap on an EV to sales basis compared to peers in the CPaaS industry and 2022 is set up well to reach sustained profitability.
- Margin improvement opportunities continue to abound for the company, offering the potential of long awaited multiple expansion.
- Kaleyra continues to offer a high risk, high reward return situation and I continue to buy shares aggressively.
For further details see:
Kaleyra: Margin Expansion First, Multiple Expansion Later